At 11.16am Central this morning, Michael Avenatti tweeted out that he was holding a press conference tomorrow morning.
"Tmrw at 11 am ET, we will be holding a press conference to disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball," he wrote
Less than an hour later the Southern District of New York announced their own press Conference and it quickly became known he was to be indicted for trying to extort Nike for $20M
You can read the New York Post's story HERE
It has also JUST become known as I write this that the Feds in Los Angeles are also busting him for wire fraud.
He has been taken into custody.